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MBAs know everything but understand nothing.

Lee Iacocca

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Lee Iacocca
Age: 94 †
Born: 1924
Born: October 15
Died: 2019
Died: July 2
Autobiographer
Businessman
Businessperson
Diarist
Allentown
Pennsylvania
Lido Anthony Iacocca
Everything
Nothing
Mbas
Mba
Understand

More quotes by Lee Iacocca

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When the product is right, you don't have to be a great marketer.
Lee Iacocca
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To succeed today, you have to set priorities, decide what you stand for.
Lee Iacocca
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A country's competitiveness starts not on the factory floor or in the engineering lab. It starts in the classroom.
Lee Iacocca
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I'd really love to meet the guy I'm supposed to be. I'd hire him in a second.
Lee Iacocca
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There is no substitute for accurate knowledge. Know yourself, know your business, know your men.
Lee Iacocca
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Bad times are indelible. They stay with you forever.
Lee Iacocca
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Apply yourself. Get all the education you can, but then, by God, do something. Don't just stand there, make it happen.
Lee Iacocca
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If we wait until we've satisfied all the uncertainties, it may be too late.
Lee Iacocca
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The speed of the boss is the speed of the team.
Lee Iacocca
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One of the things the government can't do is run anything. The only things our government runs are the post office and the railroads, and both of them are bankrupt.
Lee Iacocca
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In a completely rational society, the best of us would aspire to be teachers and the rest of us would have to settle for something less, because passing civilization along from one generation to the next ought to be the highest honor and the highest responsibility anyone could have.
Lee Iacocca
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There's a billboard in a little farm town in the Midwest that says: IF YOU COMPLAIN ABOUT FARMERS, DON'T TALK WITH YOUR MOUTH FULL.
Lee Iacocca
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You can have brilliant ideas, but if you can't get them across, your ideas won't get you anywhere.
Lee Iacocca
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Be creative. Use unconventional thinking. And have the guts to carry it out.
Lee Iacocca
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The only rock I know that stays steady, the only institution I know that works, is the family.
Lee Iacocca
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In times of great stress or adversity, it's always best to keep busy, to plow your anger and your energy into something positive.
Lee Iacocca
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They're on you day and night. Their oversight is just too extreme [. . .] That's why our 10-year loan, we paid it back in three years. We couldn't stand the government. The bureaucracy kills you.
Lee Iacocca
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If you want to make good use of your time, you've got to know what's most important and then give it all you've got.
Lee Iacocca
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Greenmail, in case you're wondering, is when a company pays a raider a premium for his holdings-if he'll go away. What I think it really is is blackmail in a pin-striped suit.
Lee Iacocca
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If you own up to your mistakes, you don't suffer as much. But that's a tough lesson to learn.
Lee Iacocca